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Bomb Money Will Peg With BTC After the Recent Growth on the BNB Chain


Bomb Money is a BNB chain token that is built on Binance. It is pegged to Bitcoin. In other words, the value of Bomb Money varies depending on the fluctuations in the value of Bitcoin. The proprietary protocol of Bomb Money conducts the creation and removal of BOMB tokens. Binance extends...

IOST Announces $100M Fund to Boost EVM Multi-Chain Ecosystem


The IOST Foundation has announced a 100 million dollar fund for EVM developers. The venture joined with ecosystem partners and venture capital institutions to create the Exclusive Incentive Fund. The objective behind the development is to gather next-gen projects and boost their growth in IOST’s...

Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days


Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders...

Feds Seize $34 Million in Crypto From Unidentified Florida Man


On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet...

DeFi Protocol EverRise Introduces New Utility for On-Chain NFTs


EverRise, the blockchain technology company that brought the buyback to crypto, has upgraded to a new smart contract that supports VeNomics (vote escrowed token model) and on-chain utility NFTs. The upgraded EverRise protocol introduces increased security features and an innovative staking platform...

Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability


Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to...

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